Nike Now Yields More Than Coca-Cola. Which Dow Dividend Stock Is the Better Buy in July?
Don't fall into a high-yield trap.
Overview
With the cost of living rising, more investors are recognizing the importance of generating income through dividend stocks. After all, those income payments can provide an extra cushion in retirement.
That's why Nike (NYSE: NKE) is receiving increased attention. With a yield of 4% as of this writing, it's paying out more than Coca-Cola (NYSE: KO), a long-term holding for many dividend investors. The beverage maker is a Dividend King, earning that title by increasing its dividend payout for more than 50 consecutive years.
Details
But as you'll see in a minute, there's a reason to look at more than just Nike's yield when making an investment decision.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.